Press release
Human‐Centric Lighting Market Illuminates Future: Projected to Grow at 35.11 % CAGR to Reach USD 18.44 Billion by 2030
Human Centric Lighting Market
Fixtures currently dominate the sector (33 % share in 2023), as businesses prioritize lighting that enhances productivity, reduces fatigue, and fosters healthier workspaces. New installations account for 66 % of market penetration, driven by smart‐home and corporate investments.
Higher demand is emerging in regions including North America, Europe, Asia‐Pacific, and Middle East & Africa, where urban expansion and infrastructure modernization fuel adoption.
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Regional Highlights: Growth, Opportunity, Trends & Consolidation
United States Growth
Market Size & CAGR: U.S. market growing at ~29.2 % CAGR through 2030.
Trends: Sustainability goals and energy efficiency mandates drive corporate and smart‐building adoption.
Consolidation Update: Notable tie‐ups-Signify partnered with Honeywell in 2020 to embed HCL in commercial real‐estate.
Opportunity: Retrofit projects in education and healthcare sectors.
Europe Opportunity
Market Share & CAGR: Europe owns ~38.6 % of the global market in 2023, with ~29-29.7 % CAGR till 2030.
Trends: EU policies (e.g. EPBD) mandate energy‐efficient lighting in new builds; commercial adoption is accelerating.
Consolidation: ams‐OSRAM and Zumtobel have innovated via joint R&D for public‐sector lighting.
Opportunity: Spurred by green‐building certifications (BREEAM, LEED).
Asia Pacific Trends
CAGR & Size: APAC projected at ~30.5 % CAGR, led by China (32 %) and India (31.1 %).
Trends: Urbanization and smart‐city projects in China and India promote wide HCL deployment.
M&A/Consolidation: Wipro Lighting (India) acquired local smart‐lighting firm XYZ Lighting in 2023 to augment services.
Opportunity: Healthcare and education retrofit potential as demand rises.
Middle East and Africa Consolidation
Market Trend & CAGR: Gulf infrastructure growth yields ~29.4 % CAGR by 2030.
Trends: HCL adoption in luxury hotels and resorts for guest wellness.
Consolidation: Signify partnered with local integrators in KSA and UAE in 2022-24.
Opportunity: High penetration in hospitality and corporate segments.
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Key Recent Developments
Signify launched an upgraded Philips Hue Dymera wall-light in Jan 2024-featuring dual-zone controls for dynamic indoor/outdoor use.
OSRAM increased R&D collaboration for public infrastructures in Europe as of Jan 10, 2023.
Allied Market Research forecasts global market to grow from USD 0.91 B (2020) to USD 14.95 B by 2030 (CAGR 33.5 %).
KBV Research projects market reaching USD 12.4 B by 2030, citing 30 % CAGR in Asia‐Pacific.
Human Centric Lighting Market Segmentation:
by Installation Type
New Installations
Retrofit Installations
by Offering
Hardware
Software Components
Services
by Application
Wholesale and Retail
Enterprises and Data Centers
Residential
Educational Institutions
Healthcare
Industrial
Hospitality
Over the course of the forecast period, the healthcare segment is anticipated to dominate the applications segment. For patients in hospitals and senior living facilities who have restricted daylight access because to disease or mobility problems. In residential settings, human-centric lighting minimises the use of sleep aids, enhances mental and physical well-being, and eliminates mood swings and sadness.
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Human Centric Lighting Market Key Players:
1. Signify Lighting NV
2. OSRAM Licht AG
3. Acuity Brands, Inc.
4. Cree, Inc.
5. Legrand SA
6. Hubbell Incorporated
7. Zumtobel Group AG
8. Wipro Enterprises (P) Limited
9. Glamox AS
10. Lutron Electronics
11. LUMITECH Produktion Und Entwicklung GmbH
12. SDA Lighting
13. TRILUX GmbH & Co. Kg
14. ESYLUX GmbH
15. Helvar OY AB
16. LEDRAbrands, Inc.
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